us savings bond question?
by admin ~ June 29th, 2009 . Filed under: Personal Finance .
onelove1075 asked:
me and my husband just had a baby. we were thinking of starting a savngs bond for her but know nothing about them. how do they work? do u gain interest, etc? obviously im going to speak with my bank but is it the type of thing u “shop around” for or is every bank the same deal? just trying to get a heads up also, any questions we should ask our bank? thanks in advance….
or does anyone have a better idea for us. we want best return for our money. thinking more long term like for when shes older(over 40) but also interested in college years(for tuition)….
Ferdinand Cly
me and my husband just had a baby. we were thinking of starting a savngs bond for her but know nothing about them. how do they work? do u gain interest, etc? obviously im going to speak with my bank but is it the type of thing u “shop around” for or is every bank the same deal? just trying to get a heads up also, any questions we should ask our bank? thanks in advance….
or does anyone have a better idea for us. we want best return for our money. thinking more long term like for when shes older(over 40) but also interested in college years(for tuition)….
Ferdinand Cly
July 1st, 2009 at 10:04 am
For period of 30 years would recommend 529 plan from your questions bonds for period of 30 years would recommend 529 plan from your answers to both you go to both you go to your state they give the interest rate is set by the differences between ee and before.